California State Teachers Retirement System Sells 2,020 Shares of Williams-Sonoma, Inc. (NYSE:WSM)

California State Teachers Retirement System decreased its position in Williams-Sonoma, Inc. (NYSE:WSM) by 1.5% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 130,742 shares of the specialty retailer’s stock after selling 2,020 shares during the quarter. California State Teachers Retirement System owned 0.17% of Williams-Sonoma worth $7,357,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. Cambridge Investment Research Advisors Inc. boosted its stake in shares of Williams-Sonoma by 1.4% during the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 14,480 shares of the specialty retailer’s stock worth $731,000 after buying an additional 199 shares during the period. Louisiana State Employees Retirement System boosted its position in Williams-Sonoma by 0.9% during the first quarter. Louisiana State Employees Retirement System now owns 21,500 shares of the specialty retailer’s stock worth $1,210,000 after acquiring an additional 200 shares during the last quarter. Occidental Asset Management LLC boosted its position in Williams-Sonoma by 4.8% during the fourth quarter. Occidental Asset Management LLC now owns 5,250 shares of the specialty retailer’s stock worth $265,000 after acquiring an additional 242 shares during the last quarter. Bell & Brown Wealth Advisors LLC boosted its holdings in shares of Williams-Sonoma by 1.3% in the 4th quarter. Bell & Brown Wealth Advisors LLC now owns 20,245 shares of the specialty retailer’s stock valued at $1,021,000 after purchasing an additional 250 shares during the last quarter. Finally, Murphy Pohlad Asset Management LLC boosted its holdings in shares of Williams-Sonoma by 5.9% in the 1st quarter. Murphy Pohlad Asset Management LLC now owns 5,345 shares of the specialty retailer’s stock valued at $300,000 after purchasing an additional 300 shares during the last quarter.

A number of equities analysts have recently commented on the stock. Zacks Investment Research raised shares of Williams-Sonoma from a “hold” rating to a “buy” rating and set a $68.00 target price on the stock in a research note on Friday. Gordon Haskett raised shares of Williams-Sonoma from a “hold” rating to an “accumulate” rating and set a $68.00 target price on the stock in a research note on Thursday, June 13th. Wedbush set a $63.00 target price on shares of Williams-Sonoma and gave the company a “hold” rating in a research note on Friday, May 31st. Citigroup raised their target price on shares of Williams-Sonoma from $58.00 to $59.00 and gave the company a “neutral” rating in a research note on Friday, May 31st. Finally, UBS Group raised their target price on shares of Williams-Sonoma from $58.00 to $60.00 and gave the company a “neutral” rating in a research note on Friday, May 31st. Four equities research analysts have rated the stock with a sell rating, fifteen have given a hold rating and two have issued a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus target price of $60.00.

Shares of NYSE:WSM traded down $0.43 during trading on Monday, reaching $64.57. The company had a trading volume of 1,277,413 shares, compared to its average volume of 1,602,042. The company has a debt-to-equity ratio of 1.28, a current ratio of 1.33 and a quick ratio of 0.30. The business’s fifty day moving average is $57.21. Williams-Sonoma, Inc. has a twelve month low of $45.01 and a twelve month high of $73.99. The firm has a market cap of $5.11 billion, a price-to-earnings ratio of 14.48, a PEG ratio of 1.93 and a beta of 0.86.

Williams-Sonoma (NYSE:WSM) last announced its quarterly earnings data on Thursday, May 30th. The specialty retailer reported $0.81 EPS for the quarter, beating the Zacks’ consensus estimate of $0.69 by $0.12. The firm had revenue of $1.24 billion for the quarter, compared to the consensus estimate of $1.23 billion. Williams-Sonoma had a net margin of 5.98% and a return on equity of 33.75%. The firm’s revenue was up 3.2% on a year-over-year basis. During the same period in the previous year, the firm posted $0.67 earnings per share. On average, research analysts forecast that Williams-Sonoma, Inc. will post 4.67 EPS for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, August 30th. Investors of record on Friday, July 26th will be issued a dividend of $0.48 per share. This represents a $1.92 annualized dividend and a dividend yield of 2.97%. The ex-dividend date of this dividend is Thursday, July 25th. Williams-Sonoma’s dividend payout ratio is currently 43.05%.

In other news, Director Sabrina Simmons sold 1,750 shares of the stock in a transaction on Tuesday, June 4th. The shares were sold at an average price of $60.08, for a total value of $105,140.00. Following the completion of the transaction, the director now owns 10,915 shares in the company, valued at approximately $655,773.20. The sale was disclosed in a filing with the SEC, which is available at this link. Also, insider Marta Benson sold 5,000 shares of the stock in a transaction dated Tuesday, June 18th. The stock was sold at an average price of $61.60, for a total transaction of $308,000.00. Following the sale, the insider now owns 17,061 shares of the company’s stock, valued at approximately $1,050,957.60. The disclosure for this sale can be found here. 1.30% of the stock is currently owned by corporate insiders.

About Williams-Sonoma

Williams-Sonoma, Inc operates as a multi-channel specialty retailer of various products for home. It operates through two segments, E-commerce and Retail. The company offers cooking, dining, and entertaining products, including cookware, tools, electrics, cutlery, tabletop and bar, outdoor, furniture, and a library of cookbooks under the Williams Sonoma brand, as well as home furnishings and decorative accessories under the Williams Sonoma Home brand; and furniture, bedding, bathroom accessories, rugs, curtains, lighting, tabletop, outdoor, and decorative accessories under the Pottery Barn brand.

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Institutional Ownership by Quarter for Williams-Sonoma (NYSE:WSM)

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